Massive auction campaign to set tone for the market this year

first_imgA big auction campaign on the Gold Coast this weekend, should give a good indication of how the market will perform in 2018, according to auctioneer Haesley Cush.This weekend I will embark on my regular pilgrimage to the Gold Coast for the annual weekend of huge auction events.In fact if you are on the GC this weekend you will likely hear the sound of the ocean, the seagulls and the gaggle of auctioneers decorating the coast singing for their supper.These large scale auctions started as the brain child of Gold Coast real estate stalwarts Andrew and Greg Bell, of Ray White Surfers Paradise and have been running for the past 24 years.This weekend ‘The Event’, as it’s now known, will feature about 100 Gold Coast properties from the entry level to the seriously expensive.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach Northless than 1 hour agoNew apartments released at idyllic retirement community Samford Grove Presented by Following their lead a number of Gold Coast agencies have jumped on board, conducting their own in-room auctions, making it the largest weekend of auctions on the Gold Coast each year. With the Australia Day long weekend now the pinnacle of sales transaction on the coast, many real estate enthusiasts around the country keep a keen eye on how these auctions pan out.Over the past five I have had the luxury of standing on the stage at ‘The Event’ and watching the Queensland market face its first big test of the year.If our coastal markets fire, then that means people are buying holiday properties and if people are buying holiday homes then there is dispensable money in the market.Three years ago I watched this golden sleepy giant start to slowly wake from its slumber after years of low or negative growth on the coast.Then last year I expected huge things, but was underwhelmed by the activity. This year the bidding bomb that I was expecting to go off could stop ticking and explode this weekend! There are many investors backing in strong rental income and capital growth as a result of the Commonwealth Games.Whether you are in the market to buy or you own your own property, the results this weekend are a wonderful indicator of what’s install this year. Stay tuned.last_img read more

Four-day Test to have minimum of 98 overs per day

first_img(REUTERS) – A minimum of 98 overs will be played on each day of the inaugural four-day Test between South Africa and Zimbabwe starting later this month in Port Elizabeth.The African neighbours will play the first test match shortened by one day from Dec. 26, with the International Cricket Council (ICC) granting it official status and welcoming countries to experiment with the format.ICC playing conditions deem that a minimum of 90 overs must be bowled per day during a five-day Test match, so play will be extended for an extra 30 minutes to accommodate the additional eight overs.A first-innings lead of 150 will be enough to enforce the follow-on in the day-night fixture in Port Elizabeth, 50 runs less than the runs needed in the five-day format.Test matches, the game’s oldest format, have witnessed a steady decline in attendances in recent years, throwing the door open to a number of novel means to engage fans, including the introduction of day-night tests.The format has come in for stiff competition from the game’s newer, shorter formats, such as Twenty20 internationals and domestic leagues across the globe.Officials and former players have acknowledged the need to make tests four-day affairs instead of five, hoping it would help them become more viewer friendly.last_img read more

Ohio Ag Weather and Forecast November 25, 2019

first_imgShare Facebook Twitter Google + LinkedIn Pinterest We have 2 dry days over Ohio before our next frontal complex arrives. Generally speaking, we have 2 well organized systems moving through the region in the next 10 days, and it will be difficult to see any more than about 2 days in between the two. The map at right shows 10 day liquid equivalent precipitation totals.  Thanksgiving looks dry. Here is the breakdown.Today we are dry with milder air and some sunshine. We start similar tomorrow, but we are likely going to see clouds build in the afternoon. Temps tomorrow remain mild.After midnight tomorrow night, we start to see light moisture moving into the western part of Ohio. Action will be rain, as temps stay mild on south flow. Through Wednesday several waves of moisture move through the state, before all action ends. We think we see anywhere from .25″-.6″ of rain over 100% of Ohio out of the entire event.We are dry for Thanksgiving. Expect some sunshine early, but clouds likely start to develop again later in afternoon and overnight.System number 2 comes through for Black Friday through Saturday. That system may start with some snow early on Friday, as temps are still chilly from Thanksgiving. But, as temps rise we see  most action come as rain. Liquid equivalent precipitation totals should end up between .25″-.75″, with coverage at 90%.Significantly colder air comes in behind that system. Temps go well below normal, and we likely see some lake effect snow for later Sunday into Monday. We wont rule out a coating to a couple of inches of accumulations in that period, with coverage at 70%. However, by Monday afternoon, that snow moves out, but clouds stay.Dry and cold to finish the 10 day window for the 3rd and 4th, with clouds and sunshine. Temps will stay well below normal, but will moderate likely on Wednesday the 4th.last_img read more

a month agoAC Milan rival Arsenal, Liverpool for Donyell Malen

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say AC Milan rival Arsenal, Liverpool for Donyell Malenby Paul Vegasa month agoSend to a friendShare the loveThe battle for PSV Eindhoven striker Donyell Malen is heating up.The Mirror says AC Milan have joined Arsenal and Liverpool in the race for Malen, according to latest reports from Italy.Arsenal are monitoring £50million-rated striker Malen, two years after allowing the young Dutchman to move back to Holland for just £500,000.Malen has scored 11 goals in just 13 matches in four competitions for Eindhoven this season after hitting double figures in his breakthrough campaign.Eindhoven believe he is already worth 100 times the sum they paid Arsenal to secure his services.Malen was dubbed the new Thierry Henry when he spent two seasons with the Gunners’ youth team. However, he featured in just two pre-season friendlies for Arsene Wenger before being sold to PSV in the summer of 2017. last_img read more

16 days agoWenger has Arsenal warning for Emery

first_imgWenger has Arsenal warning for Emeryby Paul Vegas16 days agoSend to a friendShare the loveArsene Wenger has told his successor Unai Emery that he has a responsibility to play attractive football as Arsenal manager.Speaking to Goal on Monday night, Wenger has some words to say about the current Arsenal side and Emery.“I’m not here to judge coaches, I am a supporter of Arsenal Football Club so I just support [Unai Emery],” the unemployed 69-year-old said.“I hope that he can win the games and plays a type of game that I like.“I think a club like Arsenal is a huge responsibility and one of the responsibilities is to play attractive football.“After that, I think the most important thing is to support the team, the club and win games.” TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

RBI to transfer record surplus of 176L cr to govt

first_imgMumbai: Accepting the recommendation of a panel headed by its former Governor Bimal Jalan, Governor Shaktikanta Das-led Reserve Bank of India central board on Monday decided to transfer a sum of whopping Rs 1,76,051 crore to the government. “The board of central bank decided to transfer a sum of Rs 1,76,051 crore to the Government of India comprising Rs 1,23,414 crore of surplus for the year 2018-19 and Rs 52,637 crore of excess provisions identified as per the revised Economic Capital Framework (ECF),” the RBI said in a statement. Also Read – India gets first tranche of Swiss bank a/c detailsThe committee had recommended the bank equity to be within a band of 5.5 per cent to 6.5 per cent of the balance sheet. However, the RBI board has decided to maintain it at a lower end of 5.5 per cent band to hand over Rs 52,637 crore excess to the government. The receipts from the RBI will give a fillip to the government’s efforts to boost the economy from a five-year low. Finance Minister Nirmala Sitharaman had last week announced a slew of measures to prop up growth even as the government tried to stick to the target of keeping fiscal deficit at 3.3 per cent of the GDP. The additional cash will now give the Centre more headroom for stimulating the economy. Also Read – Tourists to be allowed in J&K from ThursdayThe Modi government and the RBI under its previous governor Urjit Patel had been at loggerheads over the optimum level of surplus capital with the central bank. As a result, the RBI in its crucial November 2018 board meeting decided to form a committee to review the Economic Capital Framework (ECF) for the Reserve Bank. However, Patel quit before the committee could be formed. Subsequently, the panel was constituted in consultation with new RBI Governor Shaktikanta Das on December 26. Since 2013-14, the RBI has been paying 99 per cent of its disposable income to the government, which is battling to rein in deficits. As far as the dividend is concerned, the statement said “as financial resilience was within the desired range, the entire net income of Rs 1,23,414 crore for the year 2018-19, of which an amount of Rs 28,000 crore has already been paid as interim dividend, will be transferred to the Government of India (in March 2019)”. The government will get a higher dividend Rs 95,414 crore during the current fiscal as against the estimate of Rs 90,000 crore. The Union Budget 2019-20 had pegged dividend or surplus of the RBI, nationalised banks and financial institutions at Rs 1.06 lakh crore up from Rs 74,140.37 crore realised in the previous fiscal. In 2017-18, Rs 40,659 crore was transferred in dividend to the government.last_img read more

Merkel says RussiaUkraine prisoner swap a sign of hope

first_imgBerlin: German Chancellor Angela Merkel Saturday hailed a swap of 70 prisoners between Russia and Ukraine as a “sign of hope” and called for the implementation of a 2015 ceasefire deal that Paris and Berlin helped broker. “This exchange of prisoners between Russia and Ukraine is a sign of hope… it’s worth continuing the hard work to implement the Minsk accord,” Merkel said in a statement put out by her spokesman Steffen Seibert on Twitter. “I am happy for the Ukrainian sailors and Oleg Sentsov who can finally return home,” she said. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USThe 43-year-old Sentsov was the most famous Ukrainian prisoner held in Russia and the subject of a star-studded international campaign calling for his release. He was arrested in 2014 and had been serving a 20-year sentence in an Arctic penal colony for planning “terrorist attacks” in Crimea. Russian coastguards captured 24 Ukrainian sailors off the coast of Crimea in November last year after seizing their three vessels. Moscow had wanted to put them on trial for violating Russia’s maritime borders.last_img read more

Alberta premier ready to talk but wants action at Trans Mountain meeting

first_imgEDMONTON – Alberta Premier Rachel Notley says she will attend a meeting about the Trans Mountain pipeline in good faith and with an open mind, but the bottom line is the expansion project must get built without delay.Notley also says she will bring in legislation next week that would allow her to curtail oil shipments to British Columbia — regardless of the outcome of her Sunday meeting with Prime Minister Justin Trudeau and B.C. Premier John Horgan.Such action is expected to cause gas prices and other costs to spike in B.C.Trudeau has called the meeting for Ottawa amid increasing public pressure to resolve the impasse over Kinder Morgan’s pipeline from Edmonton to the port at Burnaby, B.C.The $7.4-billion expansion would triple the amount of oil headed to the coast, which Notley says is critical to ease transportation bottlenecks that are causing Canadian heavy oil to sell at a deep discount.The project already has federal approval, but Kinder Morgan says delay tactics and court challenges by B.C. have put the financial viability of it in jeopardy.(Companies in this story: TSX:KML)last_img read more

Police report vehicle vandal and ask for help in case of severely

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 06 Jul 2015 – Lots of likes and kudos from the general public for the Royal Turks and Caicos Islands Police as it moves to be more forthcoming with crime information… among the reports issued, is a disturbing series of attacks in Grand Turk from Thursday. At least two off duty police officers and two civilians reported their cars vandalized by who investigators believe may be the same culprit or culprits. Around 3am Thursday was when the vandal struck; using bricks and rocks the four separate incidents roused vehicle owners from their sleep with a loud noise and upon inspection outside they found their windshields busted. No one was injured and all of the incidents took place in Breezy Brae and information is needed to solve this one. More seriously, a young man – 27 was beaten near fatally and had to be airlifted out of the country on the weekend. The man was found on Aviation Drive around 12:30am Friday, when emergency services were called. There were head, chest and leg injuries according to the police report. Police say they have already begun investigations even as they ask the public for help in determining who is responsible for this violent assault. Kevino Smith protests to continue Thursday at Parliament Recommended for you Vehicle Break Ins escalating; fiends hot wire cars Related Items:breezy brae, cars, vandalized Facebook Twitter Google+LinkedInPinterestWhatsApp Car break ins still happening, residents not taking heedlast_img read more